Fernan Lake Village in Idaho is a great place to live with its affordable housing options and low cost of living. The average rent for a two bedroom apartment is $1,280, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Fernan Lake Village is 103 compared to 100 in the US. There are plenty of local businesses and attractions such as Kings' Market for groceries, Johnny's Restaurant for delicious food and drinks, and the Fernan Lake public beach for outdoor fun. Other popular amenities include Toby's Sports Bar & Grill for entertainment and shopping at the nearby Lake Shores Mall. With so many things to do and enjoy in Fernan Lake Village it's no wonder why so many people choose to call this area home.
Fernan Lake Village has an unemployment rate of 5.0%. The US average is 6.0%.
Fernan Lake Village has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.
Tax Rates for Fernan Lake Village
- The Sales Tax Rate for Fernan Lake Village is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fernan Lake Village is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fernan Lake Village
- The average income of a Fernan Lake Village resident is $56,258 a year. The US average is $37,638 a year.
- The Median household income of a Fernan Lake Village resident is $76,875 a year. The US average is $69,021 a year.